Many players are developing or launching themselves on the payment market. However, almost all of them rely on Visa and Mastercard networks. With the growth of the market and the gradual disappearence of liquidity, more and more alternative systems are abandoning these traditional, efficient but aging networks and are now able to replace them.
This is the case of the Retreeb network. By replacing them, an alternative network replaces the banks intermediation in the card transaction, and thus their interchange fees or any other associated charges.
The Retreeb solution is a disinter-mediate means of payment that is free of interbank commissions. Through its economic model as well as its technical infrastructure, we are opting for unprecedented transparency in a particularly opaque sector.
We do this first by removing the famous middlemen like Visa, Mastercard, and corporate banks - in short, major actors that factor into the asymmetries between social responsibility and global impact. Second, we distribute 33% of our revenue to fund CSR (Corporate Sociale Responsibility) initiatives. We want to model impactful change in the financial industry.
Using Retreeb allows you to increase your visibility to our customers. It also allows you to show your CSR commitments to an aware audience.
The transaction fee for VTCs is 1,5%.
You will have :
There are no hidden fees and we advocate 100% transparency.
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